Stability key to attracting investment. Today - By Liesl Venter Zambia's long-standing position as a key mining destination continues to attract investment, but unlocking the next phase of growth in the Copperbelt will depend on a combination of innovation, infrastructure development and regulatory stability. According to Anthony Mukutuma, country director of First Quantum Minerals in Zambia, the company's three- decade presence in the country has provided deep insight into what is required to operate successfully and drive sustainable growth. He said there was increasing focus on "responsible, inclusive and diversified growth" as the country looks to expand its mining output. First Quantum's operations in Zambia have grown significantly over the years. From producing around 30 000 tonnes of copper per year at the Bwana Mkubwa mine in 1996, the company has increased output to between 365 000 and 425 000 tonnes annually in recent years. It also produces between 110 000 and 120 000 ounces of gold and 30 000 to 40 000 tonnes of nickel, placing its Zambian operations among the higher- ranking producers globally. The company operates several large-scale assets, including the Kansanshi mine, the Sentinel copper mine and the Enterprise nickel mine. These operations are supported by a smelter with a capacity of 1.65 million tonnes per annum. At Sentinel, ultra-class haul trucks capable of carrying up to 320 tonnes are used to move large volumes of ore, reflecting the scale at which modern mining operations now operate. Mukutuma said that as high-grade deposits were depleted globally, the industry was increasingly required to process lower-grade ore, which in turn drives higher volumes, longer haulage distances and rising costs. "This shift is forcing innovation across the mining value chain," he said. One example is the introduction of new haulage and material handling technologies. First Quantum recently commissioned what it describes as the world's first "rail-run conveyor" system, designed to move material over distances of up to six kilometres at significantly lower energy consumption. "The aim is to move material faster and more efficiently, while reducing energy use and emissions. Systems like this allow maintenance to be centralised and improve overall operational efficiency," he said. The company is also investing in electric mining fleets, including trucks, excavators and drills, as part of efforts to improve productivity while lowering costs and greenhouse gas emissions. Automation is playing an increasing role, with autonomous drilling systems improving safety, precision and overall mine-to-mill optimisation. Process plant automation is also becoming critical as ore grades decline, ensuring consistent recovery rates and product quality despite more challenging feed material. But, said Mukutuma, achieving Zambia's ambition to significantly increase copper production will depend on more than operational improvements. "The first step towards reaching three million tonnes of copper production starts with exploration," he said, noting that a nationwide aerial geophysical survey conducted in 2023 was helping to identify new areas of interest and improve exploration efficiency. He added that maintaining a stable operating and regulatory environment would be essential to attracting continued investment. "Capital has options. It will only flow to jurisdictions where it is comfortable," he said. LV

Government of Panama approves processing of stockpiled ore at Cobre Panamá. Apr 07, 2026, 17:34 ET TORONTO, April 7, 2026 /CNW/ - Franco-Nevada Corporation ("Franco-Nevada" or the "Company") (TSX: FNV) (NYSE: FNV) notes that its partner, First Quantum Minerals Ltd. ("First Quantum"), announced today that the Government of Panama has formally approved the removal, processing and export of stockpiled ore at the Cobre Panamá mine that was extracted prior to the suspension of operations. For additional details, please refer to First Quantum's news release dated April 7, 2026. First Quantum has estimated the total stockpile at approximately 38 million tonnes of mineralized ore at varying grades, containing approximately 70,000 tonnes of recoverable copper. Franco-Nevada estimates that processing of this material will result in deliveries to the Company of approximately 23,000 gold ounces and 265,000 silver ounces, as previously disclosed in Franco-Nevada's 2025 Management's Discussion and Analysis dated March 10, 2026. Forward-Looking Statements This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995, respectively, which may include, but are not limited to, statements with respect to the removal, processing and export of stockpiled ore at the Cobre Panamá mine and associated gold and silver deliveries to Franco-Nevada. There can be no assurance that such forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Investors are cautioned that forward-looking statements are not guarantees of future performance. Accordingly, investors should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. For additional information with respect to risks, uncertainties and assumptions relating to Franco-Nevada's business and assets, please refer to Franco-Nevada's most recent Annual Information Form filed with the Canadian securities regulatory authorities on www.sedarplus.com and Franco-Nevada's most recent Annual Report filed on Form 40-F filed with the SEC on www.sec.gov. The forward-looking statements herein are made as of the date of this press release only and Franco-Nevada does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. SOURCE Franco-Nevada Corporation

Marimaca announces the appointment of Zenon Wozniak to its Board of Directors; Giancarlo Bruno appointed Independent Non-Executive Chair; Board Changes. 10 hours ago VANCOUVER, BC / ACCESS Newswire / March 30, 2026 / Marimaca Copper Corp. ("Marimaca Copper" or the "Company") (TSX:MARI)(ASX:MC2) is pleased to announce the appointment of Zenon Wozniak, formerly Director, Projects at First Quantum Minerals Ltd, as an Independent Non-Executive Director, effective March 27th, 2026. The Company also announces that Giancarlo Bruno Lagomarsino has been appointed as Independent Non-Executive Chair, succeeding Michael Haworth who will remain as a Non-Executive Director. In addition, Non-Executive Directors Alan Stephens and Clive Newall have announced their retirement from the Board effective March 27th, 2026. Zenon Wozniak Appointed to Board of Directors Mr. Wozniak is a Qualified Engineer with over 40 years of international experience across the natural resources sector. He has spent the majority of his career at First Quantum Minerals Ltd, one of the world's leading copper producers, where he served as Director, Projects through to 2026. Zenon was responsible for a global development portfolio, which at times exceeded US$10 billion in value across multiple concurrent projects. As Director, Projects, Mr. Wozniak's experience includes the construction and delivery of the Cobre Panama copper mine in Panama and the Kansanshi Copper mine in Zambia. His mining experience spans project design, project engineering, construction, commissioning, project management, and operational leadership across copper, nickel, gold and diamonds, with direct exposure across Australia, Latin America, Europe and Africa. Mr. Wozniak will Chair the Company's Project Steering & Technical Committee. Board Changes Giancarlo Bruno Lagomarsino has been appointed Independent Non-Executive Chair with immediate effect. A Chilean national and mechanical engineer by training, Mr. Bruno Lagomarsino is a seasoned mining professional with 35 years of experience in executive mining management across some of Chile's most significant copper operations. Most recently, he served as CEO of Mantos Copper SA, the operator of the Mantos Blancos and Mantoverde mines prior to the combination with Capstone Copper. He has served as a Non-Executive Director of Marimaca Copper since 2023. Michael Haworth will step down as Non-Executive Chair with immediate effect, and will remain a Non-Executive Director and assume the role of Chair of the Audit Committee. Mr. Haworth served as Executive Chair of the Board from February 2020 to April 2021, where he transitioned to the role of Non-Executive Chair. The Company extends its thanks to Mr. Haworth for his valued contribution as Chair of the Board since February 2020. The Company also wishes to recognise the exceptional and longstanding contributions of Alan Stephens and Clive Newall, both of whom retire from the Board effective March 27th, 2026. Mr. Stephens co-founded Coro Mining in 2005, bringing the geological expertise and knowledge of Chilean copper exploration that were foundational for the Company's success. Mr. Newall's significant experience and insight gained from building First Quantum Minerals into a global copper major were instrumental for Marimaca over the last 5 years as it made the transition from explorer to developer. Michael Haworth, Outgoing Non-Executive Chair of Marimaca Copper, commented: "We are delighted to welcome Zenon to the Marimaca Board. His extensive experience in developing world-class copper mines at First Quantum, one of the world's leading copper producers and mine builders, will be a tremendous asset as we advance the MOD toward a construction decision and continue to build the organisational and governance capability required to deliver the next major copper mine in Chile. We are also thrilled to welcome Giancarlo Bruno as the new Board Chair. Giancarlo's extensive experience in Chilean copper development and operations will be invaluable as we progress through the development of the MOD. I will be working closely with Giancarlo as he transitions to his new role and look forward to continuing to support the Company as a Non-Executive Director through this next phase of development. On behalf of the entire Board and management team, I would like to sincerely thank Alan and Clive for their outstanding contributions to Marimaca during their tenure. Alan and Clive were instrumental in building this Company from the ground up. Their collective contribution to Marimaca is immeasurable and I wish them the very best in their retirement." Contact Information For further information please visit www.marimaca.com or contact: About Marimaca Copper: Marimaca is a TSX ("MARI") and ASX ("MC2")-listed copper company focused on the development of high-quality copper assets in northern Chile. The Company's flagship asset is the Marimaca Oxide Deposit Project ("MOD"), located in Chile's prolific Antofagasta region. It is one of the few globally significant greenfield copper discoveries made in the last decade and represents a low-risk development opportunity, given the proximity to the city of Antofagasta and port of Mejillones, with substantial exploration upside. The Company also controls additional exploration properties at Pampa Medina and Madrugador within the Sierra de Medina region, located 30 kilometers from the MOD, where recent drilling has identified both oxide extensions and high-grade sulphide mineralization at depth. Forward Looking Statements This news release includes certain "forward-looking statements" under (without limitation) applicable Canadian securities legislation, including, without limitation, the development of activities at the MOD. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Marimaca Copper, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: risks that the development activities at the MOD will not progress as anticipated, or at all, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating costs and expenses, uncertainties related to the necessity of financing, uncertainties relating to regulatory procedure and timing for permitting submissions and reviews, the availability of and costs of financing needed in the future as well as those factors disclosed in the annual information form of the Company dated March 27, 2025 and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedar.com). Readers should not place undue reliance on forward-looking statements. Marimaca Copper undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law. None of the TSX, ASX or the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release. This announcement was authorised for release to the ASX by the Board of Directors of the Company.